Bill Text: IL SB0958 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate police.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-04-21 - Re-referred to Assignments [SB0958 Detail]

Download: Illinois-2015-SB0958-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 SB0958 Introduced 2/11/2015, by Sen. Christine Radogno SYNOPSIS AS INTRODUCED:
40 ILCS 5/3-101 from Ch. 108 1/2, par. 3-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate police.
LRB099 05424 EFG 25459 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
SB0958 LRB099 05424 EFG 25459 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Pension Code is amended by changing
Section 3-101 as follows:
(40 ILCS 5/3-101) (from Ch. 108 1/2, par. 3-101)
Sec. 3-101. Creation of fund. In each municipality, as
defined in Section 3-103, the the city council or the board of
trustees, as the case may be, shall establish and administer a
police pension fund, as prescribed in this Article, for the
benefit of its police officers and of their surviving spouses,
children, and certain other dependents. The duty of the
corporate authorities of a municipality to establish and
administer a police pension fund shall be suspended during any
period during which the fund is dissolved under Section 3-144.6
of this Code.
(Source: P.A. 97-99, eff. 1-1-12.)